Category: Semafor

Global youth unemployment increased in 2025, new data showed, as weaker economic growth and geopolitical tensions slowed hiring, with experts fearing AI could make it even harder for young people to find work. The UN’s International Labour Organization warned of a widespread decline in entry-level jobs feeding Gen Z’s generalized ...

The News Saudi Arabia has addressed most of the “problematic themes” in its school curriculum that were seen as intolerant of Christians and Jews, according to a review of 136 schoolbooks by an Israeli think tank that has been monitoring the kingdom’s textbooks for more than 20 years. Gone is ...

The News President Donald Trump has a new legislative obsession: College sports. The president is getting closely involved in efforts to pass the Senate’s bipartisan college sports bill. He’s spent the last week whipping senators to support it and even enlisted former Alabama football coach Nick Saban to dial up ...

VoteVets Action Fund is going into Alaska, launching a $225,000 ad buy against Sen. Dan Sullivan for his votes against reining in President Donald Trump’s Iran war powers, according to details first shared with Semafor. It’s the start of what’s expected to be a larger VoteVets campaign against Sullivan, who ...

Longtime OpenAI executive Brad Lightcap announced his exit Tuesday, continuing a months-long leadership exodus from the company ahead of its planned IPO. OpenAI’s head of ethics also recently left, following the head of safety systems and the former mission alignment chief. The departures come as OpenAI battles a perception that ...

Iran doubled down on its demands for reopening the Strait of Hormuz on Tuesday, insisting that the US and its allies unfreeze its assets and end hostilities across the region. Tehran’s statement dampened hopes that a deal with Oman could provide a route for commercial shipping sooner than the US ...

India’s world-leading IT sector is downsizing, facing mass disruption by AI. Several large employers have slashed headcount by as much as 6% this year, the Financial Times reported: “The tool that we gave our sweat, blood and bones to — it threw us out,” said one IT worker. The industry ...

The world has a new humanoid robotics leader. Shanghai-based AgiBot surpassed the output of fellow Chinese robot maker Unitree in the first half of the year, shipping 8,400 humanoids and capturing 44% of the global market, according to a report from US-based firm Smart Analytics Global. That’s more than Unitree ...

Liz’s view A cardinal rule of finance is “always spend other people’s money.” It’s why leveraged buyouts include as much debt and as little equity as possible, and why the wealthy fund their lifestyles by borrowing against assets. The incentives, though, can be less than ideal. Milton Friedman, the legendary ...

In an unusually blunt assessment of China’s economic prospects, a leading Chinese economist has refuted the popular market theory that the current slump is the result of a “K-shaped” economy — with some sectors like EVs and AI thriving and others declining — arguing that the core problem is an ...